Mayor Eric Adams may be the new favorite candidate of the city’s business and real estate community.

Interviews with its members show many are opting to back Adams in the general election over Andrew Cuomo, some telling NY1 Cuomo had his chance.

“And now I’m off life support and I’m running around doing what I need to do. We did a fundraiser last week, and one event raised $1 million,” Adams said at a fundraiser in Florida earlier this month hosted by Trump-backing influencers.

What You Need To Know

  • The mayor raised more than $1.5 million in his latest fundraising filing 
  • The business and real estate community are leaning towards supporting Adams over Cuomo
  • Adams has not recieved matching funds from the city 

A review of Adams’ latest campaign finance report, filed last week, shows he was able to rake in more than $1.5 million from employees of major players in the business and real estate industry — some of whom had given to Cuomo just months before.

Almost $70,000 was contributed by employees of the real estate company SL Green, which is vying to build a casino in Times Square. Marc Holliday, the company’s chairman and CEO, hosted a fundraiser for the mayor earlier this month and spoke highly of him on the company’s earnings call last week.

“We’ve been pretty clear in what we look for in a mayor in terms of pro-business and active in social causes and affordability, and we think Mayor Adams has achieved that,” Holliday said.

Empower NYC, a super PAC formed earlier this year to boost the mayor’s prospects, raised $425,000, according to the latest fundraising figures, and its CEO, Abe George, says deep-pocketed donors are tired of Cuomo.

“Post-primary, our phone didn’t stop ringing,” George said. “And I think what I got a sense of from talking to the real estate and business community, is that we invested $24 million plus into another campaign that didn’t seem to go anywhere and there is a tiredness of trying to reinvest into something that they’re not sure if it’s going to come into fruition.”

The largest donation came from the head of Extell Development, who gave $250,000.

Still, not every Cuomo backer is ready to pick a side.

“We are observing the field as anyone who is interested in politics is, and right now, I think a five person field is quite crowded,” Kenny Burgos of the New York Apartment Association said.

His group of rent-stabilized landlords bankrolled an independent expenditure campaign for Cuomo in the primary. For now, they’re on the sidelines.

“I think it’s way too early to say sitting it out,” he added. “I think you and I both agree that three months in politics is like three years.”